St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-03
Com .nenrs of Dealers.

=
let me out to-day, without my giving an
opinion. / have just got home from an alb
sence of five weeks in the East, and am not
familiar enough with the condition of the
market to render my opinion very valuable.
/ can say this much, though. st. Paul is the
most active, thorough-going, solid business
town have seen. It's good enough for me,
and will outlast them all. l make no eXcep-
tons.
Bristol s. Loomis-There is a good active
business in the Midway district, including
Reserve town, and acres in the latter are in
good demand.
Merriam g. Moore-There is no cessation in
the demand for property in the Midway dis
trict. This expression includes all the lands
between the two cities.
A. II. Rogers-Transactions run in every
direction. No special part of the city mo-
nopolizes business. People buy everywhere,
and want all sorts of property. The demand
continues undated. Large sales have been
made out to Como and all along between
Como and Phalen. The boom at Ashland,
Duluth and at the Sault has made and
will hereafter cause some diminution
in the total transactions during
the time these booms continue, and the rea-
son why is simply this: The real estate deal
erS many of them have gone to these places
where the boom exists, and the various trans
actions they had in hand at the time they left
are simply delayed till their return. That is
all These booms will have, in ms opinion no
further effect on st. Paul realty than to delay
certain transactions for short time. / can
see no weakening in the market here. Prices
continue firm and steady. The demand is
good, and transactions from day to day aver
age about $4,000. Any one that desires a
good. solid, healthy real estate market cannot
ask for anything better than this. It is great
deal better than to overdo it, You can set it
down for certainty that st. Paul is solid.
Bushnell u Bushnel-So far as we can OBJ
ha pOrf of uni, ~,
does not injure st. Paul. We have steady.
regular trade that will come anyway. The
demand for houses Of all kinds to rent is
greater than ever this spring. A great many
people are coming in here to live, and it is
very difficult to accommodate them in this
respect. There is very active demand for
lots suitable for residences, and, generally
speaking, there is good inquiry for every
variety of realty in all parts of the city.
Bryant & Kirk-There is no Duluth or Ash
land in the real estate market in st. Paul.
Here it is business on solid foundation.
All dealers are having all they can do. There
has been some talk of the Racine Wagon and
Carriage company going to Minneapolis. This
is a mistake. The company will send large
stocks of its goods out this way and may es-
tabllsh branch where they will be sold, but
neither the plant or any part of it will be To-
Gated in Minnesota. Negotiations are now
pending and about concluded for the location
OF large furniture manufacturing company
in st. Paul, which will employ at once not less
than three hundred persons. The negotia-
tions will without doubt be brought to sue
cessful conclusion within few days. Other
manufactures are being arranged for that
will employ several hundred men.
w. S. MuDroe-Busness is good in all va
rieties of real property. 1 have had $4,000
worth listed with me for sale within ten days.
This is partly due to other real estate dealers
being at Ashland.
Davis i Brown-A large number Of the
real estate men being out OF town buying and
selling in Duluth, Ashland and Saut Ste.
Marie during the week has probably had
some influence in modifying the sum total of
the transactions here. The general situation
has not changed at all though, and business
is just the same in proportion. The same &C
tiv1ty prevails and sales are made Just as
readily. while the demand for all kinds of
realty continue just as active. It is pretty
difficult to mention any particular part of
town that has been favored, as sales have
been well distributed all around. Probably
II there is any difference, it is in the Midway
and WestSt. Paul properties. The Midway
district seems to be regarded as the safest
and surest part of town, principally because
it lies between the two cities which are grad
ually and surely building toward each other.
West st. Paul though must never be left out
OF any calculation when the future business
and value of this city is sought to be esti-
mated or is to be considered.
S. G. Sloan-The market is very firm in
prices, and but for the difficulty in getting
abstracts great many more sales would be
recorded.
Perkins & Co.-The transactions this week
may fall short of the preceding weeks in
amount on account of certain deeds being
compelled to wait while some of our real es-
tate dealers are at the lakes. but it has been
quite an active week and prices are very firm.
1ngersoll & Camden-The market is firm,
with good active request for all kinds of
of
able figures does not wait long for pur-
chaser. 1t is, in short, just in the situation
it ought always to be in. Some property in
particular localities may be little too high,
but it is doubtful if there is much of it that is
inflated. The consequence is that such prop
erty will have to wait, that's all, until the
market comes around to it.
The real estate firms of G. NJ. Lund and r.
L. Crescy, 209 East Seventh street. have
formed copartnership under the firm name
OF Lund 81 Crescy, and report good business
+ the past week. having sold twenty-four lots
in South st. Paul at the stock yards and South
Park; also five lots in Arlington Hills, three
on Dayton's bluff a block at Como Willis and
three lots on St. Anthony hill. They expect
to sell ten more tomorrow at the stock yards
and South Park. They have not been to Ash
land. They have great demand for land in
Wright, Meeker and Renville counties. They
expect to get good share of the emigration
this spring. and have land in Renville and
hauuiyonl countles lot l.O00 families.
The father of Willis Fling is on visit to
his son from his native New Hampshire. Mr..
Willis senior, was shown lots purchased by
his son at Hauline, and said they were SIS
per foot lower than property in Eastern
cities half the size of st. Paul, and without
any future cause of growth.
Beaumont Cathcart report continued ac-
tivty in regions north of Como, and a con-
siderable movement on the fat in West st.
Paul.
H. s. Fairohild s. Son are handling more
real estate than ever this year, and hold prop
ertv for sale in all sections of the city at
reasonable rates. They state that the prices
OF all real estate is frmer than ever, and that
81. Paufs steady growth is not to be interfered
with by temporary, spasmodic Blooms auy-
where.
A Few Sales.
Bryant Kirk sold two lots in Palace adj